Kumowizard
Long

Bearish, with divergences. May get some pull back (vol. pickup)

AMEX:VXX   IPATH S&P 500 VIX SHORT TERM FUTURES TM ETN
220 0 4
Weekly:
Simply bearish . Anyway, it is the nature of the long volatility Fund. Those who hold it jave to pay the money managers' fee and more importantly the continous roll down caused by VIX             futures contango.
Weekly chart can go bullish only if we once ever have a krach in SP500             ... but as we know that is absolutely impossible with new type of central banking ;-) :-D

Daily:
- Ichimoku is bearish , but price moved quite far away from its equilibrium level (currently marked by Kijun and Senkou B at 14,75)
- Heikin-Ashi has important message! haDelta/SMA3 has built quite remarkable bullish divergence! It is still below zero line, but ticking higher, while price still made lower low. Probably the bearish price action             in last few days happene on low volume , which means Bears are not so keen on selling heavily at these levels.
Candle last friday had small inside body and both upper and lower wicks!
- Bearish supp at 12,80 (Tenkan) and 14,70 (Kijun+Kumo)

4H:
- Ichi